German chemical firm Evonik, one of the world’s leading silica producers, says it has entered a strategic cooperation with the Pörner Group, Austria, and Phichit Bio Power Co., Thailand, to supply sustainably precipitated Ultrasil silica to tyre manufacturers. It is…
Tag: Evonik Industries acquires Huber’s silica business for US$630 mn
Evonik Industries acquires Huber’s silica business for US$630 mn
US-based portfolio management company J.M. Huber Corporation have completed the sale of its Huber Engineered Materials’ (HEM) silica business in a US$630 million deal with global specialty chemicals leader Evonik Industries AG. The transaction, completed after approvals from the European…